PEPE token launched in early 2021, PEPE brings a new perspective to the meme ecosystem with a frog theme that completely deviates from the Shiba Inu Meme race theme that brought the duo of Dogecoin (DOGE) and SHIB into the limelight. After an initial wave of adoption that made many early backers millionaires, PEPE is pulling back its profits as the impact of the crypto winter continues.
The PEPE token redefined the meme coin's bullish trend today after surging as high as 15% in early trading to hit an intraday high of $0.00000159. According to data from CoinMarketCap, the current price outlook has seen PEPE prices rise as high as 12% in the past week as the company again takes bold steps to clear all backlogs in its bid to retest new highs for the end of the year.
Highest Price Chart
The PEPE token is now reclaiming its all-time high (ATH) of $0.000004354 that occurred on May 8. From then to now, PEPE has dropped to $0.0000006369 due to uncertainty in its path amid little to no desired innovation.
A new bullish path occurred about a month ago when PEPE price moved from a low of $0.000001237 to a high of $0.0000016. Since then, PEPE has shown no signs of stopping.
Graphics Trend
As we can see for the current market map, PEPE Meme Token is fighting against the resistance line. In the analysis that I got, PEPE is very strong to soar high at the end of this year. Will it reach its highest point again in 2024?
Will PEPE TOKEN Retest again (ATH)
In the crypto ecosystem, almost nothing is impossible when it comes to price movements. Since its inception to date, PEPE has recorded a growth of 5,179.05%, and if it records the same price growth, its price will surge to $0.00008235, which will eventually surpass the previous ATH.
Although PEPE has made impressive moves recently, there is massive competition in the world of meme coins. Can PEPE compete with SHIBA, top ranking SOLANA, and BONK
